Posted Dec 31, 2022, 4:33 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Great State of NJ
Posts: 49,298
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I think because of the pandemic, 2021's figures were all rubbish and not just for NJ cities but for others as well. Miami for example, its figures were total BS.
I'll await better figures for JC and Newark. Compared to 2020, the 2021 estimates or figures did not match reality for some places. Granted folks were wiped out due to Covid but many folks raised suspicion over the 2021 figures.
I do think Jersey City is on track to exceed Newark. The amount of development and buying patterns will eventually make this happen. Newark though I feel, once the market is right, will continue to grow (its a gold mine of a location). Developments like CitySquare will make this happen and all the spill over development once developments like The Halo show it can be done in Newark (along with all the other proxy developments).
Keep an eye out for Newark... its rise will happen. Only a matter of time.
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